Auto-enrolment workplace pensions

Our latest blog

I’m getting a lot of questions from business owners who are
starting their auto-enrolment journey.
The first thing they need to know is whom of my staff do I need to
include in the pension scheme. This is
an important question because it affects your costs and its important to budget
for the increased cost well in advance.

Here’s a table from the Pensions Regulator that sets this out nicely.﻿

I know how hard it is for small businesses to find the time to get to grips with changes such as this but there are massive fines for non-compliance and although each stage is fairly straightforward it can take time to pull together the information you need and have the head-space to make the right decision for you and your staff. I strongly suggest you start straight away so you are not caught out.